- European equity markets are currently trading mixed. Spain's IBEX-35 index has continued to underperform amid weakness in the banking sector. Banks are currently mixed. Laggards in the sector include BBVA, Commerzbank and SocGen. Overall traders have focused on the equity declines in China (Shanghai Composite -2.8%), the expected opening for banks in Cyprus and the government formation process in Italy.

Speakers:- Russia Fin Min Siluanov: Ready to ease loan terms to Cyprus after situation clears- Luxembourg PM Juncker reiterated view that Cyprus situation was a special case and its bailout was not a template for Europe. He added that Luxembourg's banking sector was not a cause for concern- Germany Fin Min Schaeuble reiterated that Cyprus was a special case and found the right solution to its rescue; Luxembourg cannot be compared- Italy Econ Min Grili commented the Govt targets could emerge from excessive deficit procedure even with revision from €40B arrears payment. Still sought deficit targets in structural terms even with worsening of budget balance from thr speed up in arrears payment - Portugal PM Coehlo might have to resign if country's constitutional court does not approve certain 2013 budget measures. Article noted that if the court did not approve the measures, the Govt might not be able to find alternative measures.- EU's Barnier: May seek to have a stronger separation of banking activities than proposals made by France and Germany- Poland Central Banker Zielinska-Glebocka: Key for interest rate outlook was whether economy stayed weak or began to show signs of a rebound- Hungary Quarterly Inflation Report noted that household inflation expectations were down since December but HUF currency weakness (Forint) might increase CPI pressures. It noted that utility price cuts to slow inflation markedly - Russia Econ Min commented that If current trends continued than 2013 GDP to be below 3.0% (prior view of 3.7%) (*Reminder: Russia Central Bank to meet on Tuesday, April for its next monetary policy decision. This is typically earlier in the window period for the CBR and could amount to prssure by the Russian govt for a rate cut)- OECD released its Interim Economic Assessment for G7 Economies and urged the central banks to support their economies and that monetary stimulus remained necessary. It saw a strong case for ECB to ease monetary policy but that the need was waning for more US exceptional measures. US and Japan to see marked pickup in Q1 but weaker growth in Q2. Germany to rebound in Q1 and gain traction in Q2 while France to stagnate in H1 and Italy's recession to ease- South Korea govt cut its 2013 GDP target from 3.0% to 2.3%; Inflation view cut from 2.7% to 2.3% (as speculated. Korea will propose an extra budget in April and unveil a series of stimulus measures over coming weeks covering such areas as employment, living standards, the depressed property market and troubles facing heavily-indebted households. - South Korea Fin Min Hyun commented that the country's top priority was job growth; April stimulus program will help spur economic growth - Japan Vice Fin Min Yamaguchi: No plans to change BoJ law; but not ruling out that such a change could occur - Fitch affirmed Australia's AAA sovereign rating

Currencies:- The European session began relatively quiet as Cypriot banks were set to reopen after an eight-day extended holiday (stock market remained closed). Dealers seemed little interested in fresh positions ahead of the Easter break and quarter-end, German retail sales data for February surprised on the upside and offset some initial bearishness for the EUR/USD pair. However, the first rise in German net change in unemployment woke up the risk aversion sentiment a bit as the European growth engine continued to sputter. - Peripheral yields continued to drift higher in the session with both Spain and Italy 10-year bonds higher by over 10bps. The 10-year Italy/German Gov't bond spread was at approx 360bps, wider by almost 10bps to 4-month highs. The German 10-year Bund yield hit 6-month lows below 1.25%- The risk aversion theme continued to provide an excuse to firm the JPY currency. The USD/JPY pair was back below the 94 handle with EUR/JPY cross moved back below the 120 level.

Political/In the Papers:-(CY) Cyprus central bank confirms banks will reopen on March 28 between 10:00-16:00GMT (06:00-12:00ET); Capital controls will be evaluated on a daily basis; **NOTE: earlier the capital controls to be put in place were detailed: Cyprus capital controls plan will be in force for 7 days (4 business days through the end of next week) and apply to all accounts and currencies; limits cash withdrawals to €300 per day; Controls will include restrictions on checking accounts and overseas payments. No checks can be cashed; Individuals will be limited to taking €3,000 cash when going abroad. Controls will limit use of credit and debit cards abroad to €5,000 per month. Credit cards have unlimited use within Cyprus; Will not allow early withdrawal of time deposits (CDs)- (EU) ECB's Mersch (Luxembourg): Cyprus bailout is not a template for other countries, Cyprus was in an exceptional situation - interview; Theoretically there is scope for a rate cut, but there is no evidence a cut is needed.-(GR) Greece Syriza Party leader Tsipras: Calls for a referendum on Cyprus bailout - ekathimerini-(IT) FT looks at some of the remaining options that Italy has to form a government; Options include having another center-left politician try to negotiate a broad coalition with Berlusconi's alliance; Other options include naming a new technocrat government or extending the term on Monti's caretaker government until elections are held.- (US) Fed's Evans (voter, dove): Fed will most likely need to continue asset purchases through the end of 2013; would prefer a 3% inflation threshold; Job growth has been good but not stupendous, would prefer to be seeing 250-300K per month job growth.- (US) Fed's Kocherlakota (dovish, FOMC alternate): Reiterates unemployment threshold should be reduced to 5.5% from 6.5%; Fed could further clarify conditions that slow or halt asset purchases; Fed will achieve goals for unemployment and inflation by 2018- (US) Fed's Pianalto (non voter, moderate): Monetary policy needs to remain accommodative- (CN) Several China cities may issue property curbs measures in April - financial press- (JP) Japan's ruling LDP party submits drafts proposal to revise BoJ law - Japanese press- (JP) Japan Fin Min Aso: Not easy to achieve price target in two years - financial press

Forex Trading News

Forex Research

Daily Forex Market NewsForex news reports can be found on the forex research
headlines page below. Here you will find real-time forex market news reports
provided by respected contributors of currency trading information. Daily forex
market news, weekly forex research and monthly forex news features can be found
here.

Forex NewsReal-time forex market news reports and features providing
other currency trading information can be accessed by clicking on any of the
headlines below. At the top of the forex blog page you will find the latest
forex trading information. Scroll down the page if you are looking for less
recent currency trading information. Scroll to the bottom of fx blog headlines
and click on the link for past reports on forex. Currency world news reports
from previous years can be found on the left sidebar under "FX Archives."

Veteran FX Trader, Max McKegg, forecasts all the Major currencies and the Australasians; providing Daily and Medium Term Trading forecasts to subscribers, who include large Banks the world over, as well as individual traders in more than 30 different countries.

Are you
looking for your first broker or do you need of a new one? There are
more critical things to consider than you might have thought.

We were trading long before there were online brokers. Global-View
has been directly involved with the industry since its infancy. We've
seen everything and are up-to-data with recent regulatory changes.

Forex Forum

The Global-View Forex Forum is the hub for currency trading on the web. Founded in 1996, it was the original forex forum and is still the place where forex traders around the globe come 24/7 looking for currency trading ideas, breaking forex news, fx trading rumors, fx flows and more. This is where you can find a full suite of forex trading tools, including a complete fx database, forex chart points, live currency rates, and live fx charts. In addition, there is a forex brokers directory where you can compare forex brokers. There is also a forex brokers hotline where you can ask for help choosing a forex broker that meets your individual fx trading needs. Interact on the same venue to discuss forex trading.

Forex News

The forex forum is where traders come to discuss the forex market. It is one of the few places where forex traders of all levels of experience, from novice to professionals, interact on the same venue to discuss forex trading. There is also the GVI Forex, which is a private subscription service where professional and experienced currency traders meet in a private forex forum. it is like a virtual forex trading room. This is open to forex traders of all levels of experience to view but only experienced currency tradingprofessionals can post.

Currency Trading

Currency trading charts are updated daily using the forex trading ranges posted in the Global-View forex database. You will also find technical indicators on the fx trading charts, e.g. moving averages for currencies such as the EURUSD. This is another forex trading tool provided by Global-View.com.

Forex Brokers

The forex database can be used to access high, low, close daily forex ranges for key currency pairs, such as the EURUSD, USDJPY, USDCHF, GBPUSD, USDCAD, AUD, NZD and major crosses, including EURJPY, EURGBP, EURCHF, GBPJPY, GBPCHF and CHFJPY. Data for these currency trading pairs dating back to January 1, 1999 can be downloaded to an Excel spreadsheet.

Forex Trading

Forex chart points are in a currency trading table that includes; latest fx tradinghigh-low-close range, Bollinger Bands, Fibonacci retracement levels, daily forex pivot points support and resistance levels, average daily forex range, MACD for the different currency trading pairs. You can look on the forex forum for updates when one of the fx trading tools is updated.

FX Trading

Global-View also offers a full fx trading chart gallery that includes fx pairs, such as the EURUSD, commodities, stocks and bonds. In a fx trading world where markets are integrated, the chart gallery is a valuable trading tool. Look for updates on the Forex Forum when the chart gallery is updated.

Forex Blog

Global-View.com also offers a forex blog, where articles of interest for currency trading are posted throughout the day. The forex blog articles come from outside sources, including forex brokers research as well as from the professionals at Global-View.com. This forex blog includes the Daily Forex View, Market Chatter and technical forex blog updates. In additional to its real time forex forum, there are also Member Forums available for more in depth forex trading discussions.

WARNING: FOREIGN EXCHANGE TRADING AND INVESTMENT IN DERIVATIVES
CAN BE VERY SPECULATIVE AND MAY RESULT IN LOSSES AS WELL AS PROFITS. FOREIGN
EXCHANGE AND DERIVATIVES TRADING IS NOT SUITABLE FOR MANY MEMBERS OF THE
PUBLIC AND ONLY RISK CAPITAL SHOULD BE APPLIED. THE WEBSITE DOES NOT TAKE
INTO ACCOUNT SPECIAL INVESTMENT GOALS, THE FINANCIAL SITUATION OR SPECIFIC
REQUIREMENTS OF INDIVIDUAL USERS. YOU SHOULD CAREFULLY CONSIDER YOUR FINANCIAL
SITUATION AND CONSULT YOUR FINANCIAL ADVISORS AS TO THE SUITABILITY TO YOUR
SITUATION PRIOR TO MAKING ANY INVESTMENT OR ENTERING INTO ANY TRANSACTIONS.